| Current status |
The agreement for the subject work was executed with M/s Eternity Pools & Gardens Pvt Ltd on 28.09.2020 for an amount of Rs. 2,43,66,373.71. Notice to Proceed with the work was issued on 19.10.2020. Time of completion was 12 months.
As per the request from CUSAT, the location of swimming pool was changed and foundation change was required for the new location. Soil investigation was conducted and revised estimate was prepared with bored cast in situ pile foundation. Revised TS was issued for Rs. 2,91,56,898.04 and the same was approved by KIIFB. The agreement period was over on 18.10.2021. The contractor informed that it is not possible to execute the project on tendered rate and requested to cancel the awarded tender with no risk & cost. Since the contractor is not willing to continue the work at the agreed rates and considering the delay in giving approvals for drawings based on the location change, Contract was foreclosed and foreclosure agreement was executed on 21.12.2021.
The revised estimate has been prepared based on DSR 2018. TS Committee was convened on 20.07.2022. KIIFB has approved the Revised Estimate and work was tendered on 11.04.2023. No bidders were participated and hence the work was re-tendered on 15.06.2023. Technical bid opened on 21.07.2023. Financial bid opened on 18.09.2023. 1 bid received from M/s ULCCS. Since the Bidder has quoted 32.16% above PAC, request has been sent to Principal Secretary, HED for tender approval on 22.01.2024. Reminder letter sent on 15/03/2024. Contractor has extended the Bid validity period till 16/10/2024. |
